Latest news for Santam Ltd. (JSE:SNT)

LATEST NEWS FOR Santam Ltd.

Santam is a multinational general insurance group that writes insurance business in South African and Namibia and has investments and clients in a further 31 countries. It is the leading general insurer in South Africa with a market share of more tha... [more info]

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Insurance: The devil really is in the detail

17 Sep 2020 / Adriaan Kruger 5

Insurers may be in the wrong in rejecting some claims, but more often than not it's the policyholder who got something wrong.

Sanlam raises R7.7bn in impairments

11 Sep 2020 / Adriaan Kruger 4

Solid operational results marred by unusual costs and impairments.

Sanlam diluted HEPS up 10% despite tough operating environment

10 Sep 2020 / Nompu Siziba

Paul Hanratty – CEO, Sanlam

Jury still out on business interruption claims

4 Sep 2020 / Adriaan Kruger 3

Santam says it is liable to pay R250m but has set aside R1.3bn.

Santam se wins val met 33%

3 Sep 2020 / Moneyweb

Lizé Lambrechts – uitvoerende hoof, Santam

High stakes in Santam vs Ma-Afrika Hotels court battle

2 Sep 2020 / Suren Naidoo 3

Case linked to Covid-19 economic fallout could be precedent-setting.

Santam has now paid out R506m in business interruption claims

13 Aug 2020 / Suren Naidoo 5

After originally dragging its feet on Covid-19 pandemic-related pay outs.

FSCA working to clarify companies’ rights in pandemic insurance claims

6 Aug 2020 / Emma Rumney, Reuters

Test case in the pipeline.

Business interruption claims to cost Old Mutual over R650m

30 Jul 2020 / Suren Naidoo 10

Group makes 'settlement’ offer in the wake of financial regulators reaching a landmark agreement with insurers to assist virus-hit small businesses

Santam to pay R1bn on business interruption insurance claims

27 Jul 2020 / Nompu Siziba

Hennie Nel – CFO, Santam

Santam en Hollard gaan tussentydse betalings aan ondernemings maak wat besigheidonderbrekingsdekking het

27 Jul 2020 / Moneyweb

Hennie Nel - finansiële hoof, Santam & Willie Lategan – uitvoerede hoof, Hollard Insure

Insurers make concessions in business interruption cover battle

UPDATE

27 Jul 2020 / Suren Naidoo 10

Santam commits R1bn in interim relief, in line with a similar move by Hollard.

Insurers cannot use lockdown as grounds to reject claims – FCSA

10 Jul 2020 / Suren Naidoo 14

Regulator lambasts industry for deliberately avoiding paying out legitimate business interruption insurance claims.

Cape café’s ‘precedent-setting’ business interruption insurance victory

UPDATE

8 Jul 2020 / Suren Naidoo 19

High court ruling could rock short-term insurance sector, but insurer Guardrisk is likely to appeal.

Hoteliers plead for Covid-19 business interruption insurance payouts

2 Jul 2020 / Suren Naidoo 24

As insurance companies face billions of rands in pandemic cover claims.

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